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Cement demand seen up 10-12% this fiscal on infra spending: Crisil, ET RealEstate : vimarsana.com
Cement demand seen up 10-12% this fiscal on infra spending: Crisil, ET RealEstate
Combined with stable cement prices and softening power and fuel costs, operating profit of manufacturers is expected to recover by ~Rs 200 per tonne from a multi-year low of Rs 770 per tonne last fiscal.
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